For example, I had a situation where I wanted to counter at a low price and my agent insisted that they would not accept the offer and we would be out of discussions.

So, for example, if your interest in the property equates to $100k equity and $250k loan, you must invest at least $350k in the new property. 

For example, I was looking at the property for which the price is $1,100,000.

For example, if I make $1 on $100 investment, my return is 1%. 

Very Interesting, thanks for sharing @Mike Dymski1) I would identify the Laurens road corridor with Parkins Mill, Gower & now Nicholtown, as a great example of an established Surban™ area here in Greenville, SC.

Let's use an example:$80k purchase, $1,200 rent/month.

As for the future, would it be a good idea to buy for example, a 2 bed 2 bath house/condo and rent out the other room (to another student more than likely) while I go to school?

For example is the property is vacant or barely leased up then it is considered a higher risk and therefore costs more in rates and fees whereas property that has requirements to stabilize it will be less it rate and fees. 

For example, this is non-recourse debt.  

For example, in most states, a minor cannot void a contract for necessities like food, clothing, and lodging.